Global risks: From a lack of water and weapons of mass destruction to migration and climate change, this is what could go wrong in 2016 January 14, 2016 The World Economic Forum's Global Risks Report is here, and makes for cheerful reading: risks are getting riskier, and different risks are more connected. "Such a broad risk landscape is unprecedented in the 11 years the report has been measuring global risks," the World Economic Forum said in a statement. These are the seven things you [...]
Best UK companies to work for in 2016: Jaguar Land Rover, AstraZeneca and Harrods top the list January 14, 2016 Jaguar Land Rover, AstraZeneca and Harrods are the top three UK companies to work for, according to a ranking by Statista, which was compiled for Bloomberg. Other household names comprising the top 10 included Adidas, Dyson, Microsoft, Estee Lauder, Sky, Frankie and Benny's and Rolls-Royce. Those working in the professional services were most likely to recommend their employer, while employees in [...]
City Moves for 13 January 2016 | Who’s switching jobs January 13, 2016 Mount Anvil Mount Anvil, a residential-led central London developer has announced the appointment of Hilary Wells as its first people director. Hilary joins from wine and spirits merchant Berry Bros & Rudd, a family-owned business dating back to 1698 with a turnover of more than £200m, where she led the transformation of the company’s approach [...]
Homeward bound HSBC, City Hall race and oil glut make a busy 2016 January 7, 2016 Forecasting events in the City is frequently a fool’s errand but one thing’s clear from the first week of 2016: it is going to be a tough year for much of corporate Britain. Here’s where I think most of the action will be. 1. Among the first big decisions of the year will be delivered when [...]
RSA Insurance Group share price drops as it completes on sale of Italy business January 4, 2016 RSA Insurance Group revealed today that it had completed the sale of its business in Italy. RSA sold its Italian business to ITAS Mutua, which is headquartered in Italy and provides 1.2m policies, after receiving regulatory approval. The firm's share price tumbled after the news was announced, dropping 3.4 per cent to 412p shortly after the [...]
Sepp Blatter and Michel Platini are finished, insists English football chief Greg Dyke December 21, 2015 English football chief Greg Dyke last night insisted that the eight-year bans handed out to outgoing Fifa president Sepp Blatter and his Uefa counterpart Michel Platini represented the end of the road for the disgraced duo. The pair were yesterday suspended from all football-related activity by world governing body Fifa’s own ethics committee after being [...]
UK-headquartered law firm DWF to acquire German BridgehouseLaw at start of 2016 December 16, 2015 UK-headquartered law firm DWF announced today that it is acquiring BridgehouseLaw, a German commercial law firm, on 1 January 2016. The newly combined firm will boast a turnover of £194m and will employ 2,360 staff members across 16 locations. Andrew Leaitherland, DWF's managing partner and chief executive, will continue to lead the overall business post-merger, while Michael Falter, [...]
City Moves for 16 December 2015 | Who’s switching jobs December 15, 2015 DOLLAR UK Steve Dukes has been appointed by consumer finance company Dollar UK as its new chief product development officer, reporting directly to chief executive Stuart Howard. Steve joins from Wonga where he was vice president of customer proposition. GFT UK GFT, a provider of business, design and technology consulting to the investment banking community, [...]
Fifa crisis: Corruption charges keeps sponsors away December 5, 2015 Fifa is struggling to attract new sponsors as it battles to repair its image in the wake of numerous corruption scandals. Football's under-fire governing body has 27 slots allocated for potential partners unfilled, having failed to attract a single new sponsor for over two years. Fifa suffered a £67m loss in 2015 as sponsors steered [...]
World Cup team expansion: Fifa suggest 40 teams December 3, 2015 Fifa has proposed expanding the World Cup from 32 teams to 40 today in discussions over reforms at world football's governing body. The expanded tournament could come into effect as soon as 2026 if approved by Fifa's executive committee. It would extend the group stage of the competition by a week to accommodate 32 additional [...]